Emergency Preparedness Plans for Business
If businesses are ready to survive and recover, the nation and our economy are more secure. America’s businesses form the backbone of the nation’s economy; small businesses alone account for more than 99% of all companies with employees, employ
50% of all private sector workers and provide nearly 45% of the nation’s payroll. A commitment to planning today will help support employees, customers, the community, the local economy and even the country. It also protects your business investment
and gives your company a better chance for survival.
Invest in a Preparedness Program
It is important to invest in a preparedness program. The following statistics on why your business should have a preparedness program:
- Up to 40% of businesses affected by a natural or human-caused disaster never reopen. (Source: Insurance Information Institute)
- Customers expect delivery of products or services on time. If there is a significant delay, customers may go to a competitor.
- Larger businesses are asking their suppliers about preparedness. They want to be sure that their supply chain is not interrupted. Failure to implement a preparedness program risks losing business to competitors who can demonstrate they have a plan.
- Insurance is only a partial solution. It does not cover all losses and it will not replace customers.
- Many disasters — natural or human-caused — may overwhelm the resources of even the largest public agencies. Or they may not be able to reach every facility in time.
- News travels fast and perceptions often differ from reality. Businesses need to reach out to customers and other stakeholders quickly.
- An Ad Council survey reported that nearly two-thirds (62%) of respondents said they do not have an emergency plan in place for their business.
Developing a Preparedness Program
The five steps in developing a preparedness program are Program Management, Planning, Implementation, Testing and Exercises, and Program Improvement. By utilizing FEMAs comprehensive business preparedness planning tool, you will be able to ensure the readiness of your business.
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